Number of Banks in Mongolia

Number of banks reached 12.0 banks in 2020 in Mongolia, according to the National Central Bank. This is 7.69% less than in the previous year.

Historically, number of banks in Mongolia reached an all time high of 16.0 banks in 2004 and an all time low of 12.0 banks in 2020.

Mongolia has been ranked 116th within the group of 148 countries we follow in terms of number of banks.